(VIANEWS) – Macquarie/First Trust Global (MFD), MEDIFAST (MED), NBT Bancorp (NBTB) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up to now. The payout ratio in itself isn’t a promise of a future good investment but it’s an indicator of whether dividends are being paid and how the company chooses to distribute them.
When investigating a potential investment, the dividend payout ratio is a good statistic to know so here is a list of some companies with an above 30% payout ratio.
1. Macquarie/First Trust Global (MFD)
1000% Payout Ratio
Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. It is co-managed by Macquarie Capital Investment Management, LLC and Four Corners Capital Management, LLC. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the infrastructure and utilities sectors. The fund primarily invests in dividend-paying stocks of companies. It benchmarks the performance of its portfolio against the S&P 500 Utilities Total Return Index. Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund was formed on March 25, 2004 and is domiciled in the United States.
Earnings Per Share
As for profitability, Macquarie/First Trust Global has a trailing twelve months EPS of $0.08.
PE Ratio
Macquarie/First Trust Global has a trailing twelve months price to earnings ratio of 99.88. Meaning, the purchaser of the share is investing $99.88 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 0.79%.
Moving Average
Macquarie/First Trust Global’s worth is below its 50-day moving average of $8.34 and below its 200-day moving average of $8.63.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Feb 21, 2023, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 10.09%.
2. MEDIFAST (MED)
47.99% Payout Ratio
Medifast, Inc., through its subsidiaries, manufactures and distributes weight loss, weight management, healthy living products, and other consumable health and nutritional products in the United States and the Asia-Pacific. It offers bars, bites, pretzels, puffs, oatmeal and cereal crunch products, drinks, hearty choices, pancakes, puddings, soft serves, shakes, smoothies, soft bakes, and soups under the Medifast, OPTAVIA, Thrive by Medifast, Optimal Health by Take Shape for Life, and Flavors of Home brands. The company markets its products through direct ecommerce platform and franchise weight control center channels. Medifast, Inc. was founded in 1980 and is headquartered in Baltimore, Maryland.
Earnings Per Share
As for profitability, MEDIFAST has a trailing twelve months EPS of $8.68.
PE Ratio
MEDIFAST has a trailing twelve months price to earnings ratio of 11.29. Meaning, the purchaser of the share is investing $11.29 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 87.13%.
Volume
Today’s last reported volume for MEDIFAST is 127035 which is 35.95% below its average volume of 198366.
Moving Average
MEDIFAST’s worth is way under its 50-day moving average of $109.48 and way under its 200-day moving average of $128.14.
Yearly Top and Bottom Value
MEDIFAST’s stock is valued at $98.03 at 14:23 EST, way under its 52-week high of $197.19 and above its 52-week low of $96.00.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Dec 18, 2022, the estimated forward annual dividend rate is 6.56 and the estimated forward annual dividend yield is 5.86%.
3. NBT Bancorp (NBTB)
32.95% Payout Ratio
NBT Bancorp Inc., a financial holding company, provides commercial banking, retail banking, and wealth management services. Its deposit products include demand deposit, savings, negotiable order of withdrawal, money market deposit, and certificate of deposit accounts. The company's loan portfolio comprises commercial and industrial, commercial real estate, agricultural, and commercial construction loans; indirect and direct consumer, home equity, mortgages, business banking loans, and commercial loans; and residential real estate loans. It also provides trust and investment services; financial planning and life insurance services; and retirement plan consulting and recordkeeping services. In addition, the company offers insurance products comprising personal property and casualty, business liability, and commercial insurance, as well as other products and services through 24-hour online, mobile, and telephone channels that enable customers to check balances, make deposits, transfer funds, pay bills, access statements, apply for loans, and access various other products and services. As of December 31, 2020, it had 141 branches and 176 ATMs in New York, Pennsylvania, Vermont, Massachusetts, New Hampshire, and Maine. NBT Bancorp Inc. was founded in 1856 and is headquartered in Norwich, New York.
Earnings Per Share
As for profitability, NBT Bancorp has a trailing twelve months EPS of $3.05.
PE Ratio
NBT Bancorp has a trailing twelve months price to earnings ratio of 10.7. Meaning, the purchaser of the share is investing $10.7 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 12.54%.
4. Chevron (CVX)
31.07% Payout Ratio
Chevron Corporation, through its subsidiaries, engages in integrated energy and chemicals operations worldwide. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification associated with liquefied natural gas; transportation of crude oil through pipelines; and transportation, storage, and marketing of natural gas, as well as operates a gas-to-liquids plant. The Downstream segment engages in refining crude oil into petroleum products; marketing crude oil, refined products, and lubricants; manufacturing and marketing of renewable fuels; transporting crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car; and manufacturing and marketing of commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives. It is also involved in the cash management and debt financing activities; insurance operations; real estate activities; and technology businesses. The company was formerly known as ChevronTexaco Corporation and changed its name to Chevron Corporation in 2005. Chevron Corporation was founded in 1879 and is based in San Ramon, California.
Growth at a Reasonable Price: Currently, most energy companies are growing their bottom lines at a robust double-digit pace, including industry leaders such as Chevron ((CVX Quick QuoteCVX – Free Report) ), Shell ((SHEL Quick QuoteSHEL – Free Report) ), and British Petroleum ((BP Quick QuoteBP – Free Report) ).
Earnings Per Share
As for profitability, Chevron has a trailing twelve months EPS of $-4.12.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 23.77%.
Volume
Today’s last reported volume for Chevron is 3408800 which is 62.14% below its average volume of 9004160.
Moving Average
Chevron’s value is above its 50-day moving average of $165.58 and above its 200-day moving average of $163.98.
Yearly Top and Bottom Value
Chevron’s stock is valued at $168.18 at 14:23 EST, way under its 52-week high of $189.68 and way higher than its 52-week low of $132.54.
